Analytics

Our BAI Readiness Assessment Tool considers an organizations’ programs, policies, processes and metrics and maps their maturity, robustness and consistency as applied to building asset management. The tool looks at all  the activities included in the BAI Model –

  • Projects

  • LCAM / Capital Planning Programs

  • Asset Risk Management

  • Reliability Engineering Program

  • Maintenance Management

  • Energy Maintenance Program

  • Energy Management

  • Energy Investment Program

BAI has developed a set of sophisticated spreadsheet tools collectively called the Building Asset Information Engine (BAI Engine). The BAI Engine captures the “right” data from various functional tools, like a CMMS, and applies the cross-functional analytics needed to optimize the asset. The BAI Engine provides –  

  • Asset data consolidation

  • Sophisticated asset risk management using the Asset Risk Coding technique [see the paper titled “Building Asset Risk Coding” on the Downloads page for more detailed information].

  • Capital planning / forecasting

  • Operate vs. Replace decision support

  • Asset cost, performance, failure analytics – includes Asset Total Cost of Operation (Asset TCO), Asset Total Cost of Operation with Risk (Asset TCOR), Asset Management Economic Value Added (Asset EVA)

  • Asset Facility Condition Index (Asset FCI) reporting

The BAI Engine can be customized for each user for such things as asset hierarchy, risk types, and risk tolerance.

BAI also provides information strategy and technology strategy consulting services for those clients looking to invest in an IT-based asset management tool (see Offerings).